Holly McLear
Hogan Associates Christie's
(401) 324-1191
35 Total Sales
6 in Newport
$345K - $1.6M Price Range
79 Tilden Ave Newport, RI 02840
Newport Area
4
Beds
4
Baths
2,951
Sq Ft
9,331
Sq Ft Lot
Highlights
- Marina
- 0.21 Acre Lot
- Wood Flooring
- Golf Course Community
- Deck
- Tennis Courts
About This Home
As of September 2023TWO MULTI-FAMILY BUILDINGS SOLD AS A PACKAGE FOR $1,475,000. (See listing for 83 Tilden Avenue: MLS #1335221) Introducing an incredible opportunity to acquire 79 AND 83 Tilden Avenue, two adjacent multi-family properties offering (6) TOTAL UNITS plus two additional lots giving ample off-street parking to all tenants. 83 Tilden Avenue is comprised of (2) two-bedroom / one-bath side-by-side units each with a private deck and separate utilities. 79 Tilden Avenue consists of (4) one-bedroom / one-bath apartments each with separate gas and electricity, pine floors throughout, and shared laundry in the basement. The property boasts a convenient location in the Kerry Hill neighborhood, close to essential amenities, the Newport Bridge, downtown historic Newport, and transportation options. With local rental demand remaining strong, this fully-occupied property provides a steady cash flow for investors seeking long-term returns in the Newport real estate market. This property is not in the Historic District.
*Please Note: Four separate lots are being sold as one package (plat 18: lots 141, 014, 148, 027). Figures for lot size, assessment and property taxes represent all four lots.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0040083 Listed on: 05/17/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,900
Year Built
- Built in 1880
Lot Details
- 9,331
Home Design
- Combination Foundation
- Wood Siding
- Shingle Siding
- Clapboard
- Plaster
Interior Spaces
- 2,951 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 4 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Gas Water Heater
Additional Features
- Deck
- 9,331 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 027,148,014,141
- Assessor Parcel Number 79TILDENAVNEWP
Community Details
Overview
- 2 Buildings
- 4 Units
- Kerry Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2017
Closed on
Sep 26, 2017
Sold by
Bought by
Seller's Agent
Patricia Ewenson
William Raveis Inspire
Buyer's Agent
Kate Rooney
Gustave White Sotheby's Realty
List Price
$729,000
Sold Price
$716,000
Premium/Discount to List
-$13,000
-1.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
3.9%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newport, RI
-
Holly McLear
-
Samuel Alba
Samuel Alba
Responds QuicklyInnovations Realty
(401) 406-4077
510 Total Sales
3 in Newport
$405K - $1.1M Price Range
-
Michele Doherty
Michele Doherty
Lila Delman Compass
(774) 713-9477
63 Total Sales
2 in Newport
$1.4M - $1.6M Price Range
-
Courtney Grady
Courtney Grady
Elite Property Group
(401) 340-2858
72 Total Sales
1 in Newport
$475,000 Price
-
Lucas Barry
Lucas Barry
Paramount Properties Group
(401) 407-6329
13 Total Sales
3 in Newport
$312K - $2.4M Price Range
-
Quentin Warren
Quentin Warren
Gustave White Sotheby's Realty
(401) 341-1517
3 Total Sales
1 in Newport
$3,950,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $716,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $732,000 | ||
| Closed | $537,000 | ||
| Previous Owner | $180,000 | ||
| Previous Owner | $133,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $1,315,000 | +1.2% | $446 / Sq Ft | |
| 09/07/2023 09/07/23 | Pending | -- | -- | -- | |
| 06/20/2023 06/20/23 | Price Changed | $1,300,000 | -11.9% | $441 / Sq Ft | |
| 05/17/2023 05/17/23 | For Sale | $1,475,000 | +106.0% | $500 / Sq Ft | |
| 09/27/2017 09/27/17 | Sold | $716,000 | -1.8% | $283 / Sq Ft | View Prior Sale |
| 08/28/2017 08/28/17 | Pending | -- | -- | -- | |
| 07/13/2017 07/13/17 | For Sale | $729,000 | -- | $288 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,756 | $662,400 | $181,800 | $480,600 |
| 2024 | $5,445 | $662,400 | $181,800 | $480,600 |
| 2023 | $4,484 | $452,000 | $117,900 | $334,100 |
| 2022 | $4,344 | $452,000 | $117,900 | $334,100 |
| 2021 | $4,217 | $452,000 | $117,900 | $334,100 |
| 2020 | $3,624 | $352,500 | $97,500 | $255,000 |
| 2019 | $5,436 | $352,500 | $97,500 | $255,000 |
| 2018 | $5,280 | $352,500 | $97,500 | $255,000 |
| 2017 | $5,769 | $371,000 | $134,200 | $236,800 |
| 2016 | $5,624 | $371,000 | $134,200 | $236,800 |
| 2015 | $5,487 | $371,000 | $134,200 | $236,800 |
| 2014 | $6,048 | $361,700 | $102,600 | $259,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Rooney
Seller's Agent in 2023
Kate Rooney
Gustave White Sotheby's Realty
(401) 636-7894
67 Total Sales
-
Gordon King
Buyer's Agent in 2023
Gordon King
Hogan Associates Christie's
(401) 924-1774
39 Total Sales
-
PE
Seller's Agent in 2017
Patricia Ewenson
William Raveis Inspire
Map
Source: State-Wide MLS
MLS Number: 1335207
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